27th Oct 2021 11:29
Bloomsbury Publishing PLC - London-based publisher - Reports pretax profit of GBP11.1 million in six months to August 31, up sharply from GBP3.0 million last year. Revenue rises 29% to GBP100.7 million from GBP78.3 million. Increases interim dividend by 4.7% to 1.34 pence per share from 1.28p.
Looking ahead, company says: "Print supply chain challenges are ongoing. We are continuing to mitigate these risks through a number of measures including working with suppliers to print earlier, working with customers to deliver earlier and being agile about where we print."
Company adds that the supply chain issues have no impact on digital sales, which continue to increase and are a growing proportion of both revenue and profits.
Current stock price: 356.00p
Year-to-date change: up 21%
By Greg Roxburgh; [email protected]
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